Investor Presentaiton
13
Year on Year Comparison
Sustainable profitability over 5 years
إعادة
Saudi Re
SAR'000
30-Jun-21
31-Dec-20
31-Dec-19 31-Dec-18
31-Dec-17
31-Dec-16
Gross premiums written
955,091
Net premiums written
868,599
935,114 792,848
772,639 646,605
721,605
942,007
985,510
616,896
636,921
938,184
Net premiums earned
390,197
647,121 642,535
613,615
595,833
1,131,098
Net Claims
(253,368)
(391,980) (417,070)
(404,054)
(19,114)
(908,631)
Premium Deficiency reserve
0
Net Acquisition Costs
(90,213)
(185,992) (158,221)
(158,001)
(139,578)
(166,638)
Net underwriting results
46,616
69,149
67,244
51,560
37,141
55,829
Policyholder net investment income
1,600
3,674
9,139
4,936
5,397
4,212
Other income
724
228
4
1,075
922
Underwriting - General and
administrative expenses
(25,039)
(38,729)
(41,203)
(42,788)
(39,970)
(49,933)
Net surplus/(deficit) from reinsurance
operations
23,900
34,322
35,179
13,713
Shareholder net investment income
21,080
33,765
36,341
9,702
3,643
46,465
11,030
19,964
Other income
68
6,485
1,000.00
904.85
0
Shareholders' - General and
administrative expenses
(6,185)
(10,447)
(9,684)
(9,224)
(10,856)
(11,427)
Net income/(Loss) for the period
38,863
64,124
62,836
15,095
39,252
19,567
Zakat & Tax Provision
(7,003)
(14,774) (13,873)
(12,865)
(13,434)
(15,300)
Other comprehensive loss
299
2,191
(3,021)
3,036
(1,962)
0
Policyholder surplus transfer
(2,390)
(3,432)
(3,518)
(1,371)
(364)
(1,103)
Total comprehensive (Loss)/Income -
Shareholders
29,770
48,109
42,423
3,895
23,492
3,164
Public
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